SHIB Rises To 11th On Coingecko, BTC Approaches $80,000, Ripple To Commit $44 Million In Solar

According to data given by CoinGecko, Shiba Inu has risen to the eleventh position on the cryptocurrency market capitalization scale, getting close to Dogecoin, which currently holds the tenth position. In terms of market capitalization, SHIB presently has a market valuation of $14,587,449,142, whereas Dogecoin’s market valuation is $29,801,238,979. Meanwhile, Shiba Inu’s appeal on Twitter … Read more

Iran Lifts Ban on Cryptocurrency Mining 

Cryptocurrency mining is an energy demanding process that takes place worldwide. However, about seven percent of the world’s cryptocurrency mining is done in Iran. This mining of cryptocurrency uses a lot of electricity and increases the demand for electricity.  Mining of cryptocurrency in Iran perhaps results from the fact that the country has the cheapest … Read more

Zimbabwe’s Finance Minister Asks Citizens To Begin Investing In BTC

Crypto utilization is mounting across the world; however, Africa has been counted as an area where there is a high adoption rate for cryptocurrency, especially among the native people. Though the countries such as Nigeria were moving in contrast to the crypto utilization, Zimbabwe has unlocked its way for the latest technology for another time. … Read more

First Switzerland Cryptocurrency Fund Approved 

Switzerland has approved its first cryptocurrency fund. This was announced today by the Swiss Financial Market Supervisory Authority (FINMA). This means that the Crypto Market Index Fund is officially approved and recognized by the law. The Crypto Market Index Fund just approved will allow qualified investors to invest in the cryptocurrency assets they want.  The … Read more

XRP Records New Win as TAOTAO’s Listing Date Draws Near

Sixth-largest cryptocurrency by market cap, Ripple (XRP) is celebrating another win despite its travails with the US SEC. According to reports, Japanese exchange TAOTAO has revealed plans to create a spot for the token on its platform, which will give investors in the region access to it for trading and investing.   The recent partnership between … Read more

Binance Hires Dark Web Expert to Strengthen Its Platform

Popular crypto platform Binance has reportedly hired a Dark Web expert Nils Andersen-Röed. Nils, who once worked at Europol, will be tasked to lead the line in strengthening the platform’s security amid other administrative duties. The former Europol expert is joining Binance amidst contentious debates about a cluster of operations by the company, such as … Read more

Russia’s Central Bank Urges Banks to Block Cards and Wallet Accounts of Illegal Crypto Exchangers

Russia’s Central Bank has urged the country’s banks to suspend cards and wallets used by suspicious businesses and dealers. The apex bank drew up criteria for registration of businesses, including exchangers, and advised banks on how to spot unscrupulous entities. This is in a bid to curb money laundering and other illegal monetary processes executed … Read more

PayPal Introduces Cryptocurrency Services For Users in the UK

Cryptocurrency is currently the world-leading innovation with different giants of various sectors making huge crypto investments. A recent market survey has revealed that crypto investments and crypto exchanges have become key contributors to global financial systems. This implies that the profitability in the cryptocurrency market is increasing causing major firms to give attention to crypto. … Read more

Crypto Ponzi Scammer Bags Seven Years Jail Term

Stefan Qin, an Australian college dropout, has been found guilty of defrauding people to the tune of $90m using digital currencies as cover. Qin, who ran the crypto scam firm Virgil Sigma, lied to his ‘investors’ that their funds will be invested in crypto arbitrages across 45 crypto exchanges and offer more than 450% returns … Read more

Ark Investment Launches Investment Funds Offering For Canada BTC ETF

A new SEC filing shows that Ark investment will soon launch an offering that allows investors to participate in Canada-based crypto ETF. The proposal remArks that investors must know that this fund offering and a direct bitcoin holding offer similar risks. Risks And Investor Interest It also reiterated that this offering might trade at a … Read more